By RASHAD ROLLE
Tribune Staff Reporter
rrolle@tribunemedia.net
PRIME Minister Dr Hubert Minnis praised Nassau’s redevelopment as he marked the opening of a building on John F Kennedy Drive that will be occupied by Sunshine Insurance, Commonwealth Brewery and Gateway Ascendancy.
He lauded the anticipated creation of a new cruise port, a redeveloped Fish Fry and western esplanade, a new Central Bank, US Embassy and the ongoing Pointe development, the next phase of which will open next year.
He praised the Sunshine Holdings company. Businessman Franklyn Wilson is chairman of the group. Tommy Turnquest, a long-time FNM and current Bahamasair chairman, is a director.
“It is always a source of inspiration to see a Bahamian-owned corporate group dream and accomplish such a project as we are witnessing today,” Dr Minnis said. “This new edifice is a substantial development, opening in the aftermath of Hurricane Dorian which will have a far-reaching impact on our national economy. This new Sunshine Insurance House is a manifestation of the vision of a corporate group that has long been committed to economic and national development. I trust that the beauty and structure of this building will encourage other Bahamians to do likewise throughout New Providence.
“May I encourage other business people to construct, to refurbish or to demolish buildings that will help to make this corridor more attractive and open to further business and commercial development. The Sunshine Holdings core group of investors have demonstrated an enduring commitment to national development, helping Bahamians with a variety of economic opportunities to save and to invest. Sunshine Holdings has remained 100 percent Bahamian-owned, while employing over 1000 employees.
“The company has built homes for more Bahamians than any other private entity. I have been informed that there are additional plans afoot to create a business park complex on the remaining land at this site. Such a new complex represents the best of Bahamian business enterprise and demonstrates the heights to which Bahaman entrepreneurs may advance. I salute the group’s contribution to the field of education, having awarded $1.5m in college scholarships. The group has also raised almost $500,000 in support of breast cancer awareness and the cure through the Sunshine Insurance Race Weekend.”
Comments
Well_mudda_take_sic 4 years, 6 months ago
Poor Minnis is being squeezed on all fronts and Snake is taking great joy in sticking it to him. LMAO
TalRussell 4 years, 6 months ago
Back when then FNM opposition leader Comrade Minnis filed his Financial Disclosure as a MP he declared that he had net worth $12.6 million - so when can populaces expect the man's follow in foot steps Businessman Sir Franklyn, yes, no ... Once again this build nothing prime minister, doesn't walk his talk to get off his millions start to accomplish he own building project ..... But having declared in April 2007 that he had no contracts with the government, despite the fact that the government's Public Hospitals Authority (PHA) was renting his company’s building for $7,500 a month.** You just can't make this story up that unlike Sir Franklyn's pretty complex, the Minnis's $7,500 a month rental building was not even considered be a pretty building ....nor can it be said that Minnis too has used his extreme wealth to have constructed hundreds homes for many the colony's populaces to own to live in ....
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